Issue Symbol: UNL.G

Issuer Name: Lehman Brothers Holdings Inc.

Issue Description: 10 Uncommon Values Index Stock Upside Notes Securities (SUNS) due July 2, 2005

Trades like a: BOND.

Trade Unit: 1 Note

Price: $1,000.00

Total Principal Amount issued: $1,750,000

If you have any questions, please contact Susan Ramos by phone at 212-306-1855.